Diesel
U.S. renewable fuel credits rally to multi-month highs
U.S. renewable fuel credits rose to multi-month highs on increased demand from refiners trying to comply with mandates and higher prices for soyoil.
Russia to aid hurricane-hit Cuba with diesel fuel
Russia has pledged to provide Cuba with approximately 80,000 tons of diesel fuel worth $60 MM to assist the island nation in its energy crisis.
Neste changes its guidance due to unplanned shutdown of Rotterdam refinery
Neste’s Rotterdam refinery has been shut down due to a fire on 8 November 2024. The fire has been extinguished and did not cause any injuries.
Repsol launches Nexa, the commercial brand of its 100% renewable premium diesel in service stations
Repsol has launched the commercial name of its 100% renewable diesel in its service stations: Nexa 100% Renewable Diesel, a premium fuel designed for all diesel engines.
Indonesia proposes increase in biodiesel mix to 50% in 2028
Indonesia's government is proposing to increase the mandatory blend of palm oil-based fuel in biodiesel to 50% in 2028, up from the present amount of 35%.
Shell Catalysts & Technologies, Licella to develop global low-carbon biomass-to-biofuel commercial solutions
Shell Catalysts & Technologies and Licella have formed a new upgrading technology collaboration to develop a low-carbon, integrated solution for converting biomass into advanced biofuels. This initiative aims to unlock a new value chain for the production of low-carbon fuels, addressing growing global demand for sustainable energy solutions, including sustainable aviation fuel.
Neste and Liiga team up to reduce emissions from hockey game travel
Neste and Finland's national ice hockey league, Liiga, have started a collaboration in which the majority of Liiga teams* will use Neste MY Renewable Diesel™ for their bus transportation during the 2024–2025 season in Finland.
CB&I awarded contract by Viva Energy for terminal diesel tank replacement project in Melbourne
CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable ($10 MM–$50 MM) lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.
Russia's Tuapse oil refinery to resume operations in November
Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.
U.S. gasoline stockpiles hit 2-yr low on stronger demand
U.S. gasoline stockpiles fell unexpectedly last week to a 2-yr low on strengthened demand, the U.S. Energy Information Administration (EIA) said on Wednesday, while crude inventories also posted a surprise drawdown as imports slipped.
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
- Container shippers hedging green transition with dual-fuel vessel orders 11/21
- Singapore middle distillates stocks rise for fourth week to six-week high 11/21
- EIA: U.S. crude, gasoline inventories rise, distillates draw down 11/21
